RCS Capital Corporation (NYSE:RCAP) announced today that it has priced its previously announced public offering. Pursuant to the offering, RCAP is offering $384.8 million of its Class A Common Stock, and RCAP Holdings, LLC, the controlling stockholder of RCAP, will offer $101.3 million of Class A Common Stock owned by it. RCS Capital Corp (NYSE:RCAP) net profit margin is 0.80% and weekly performance is -29.12%. On last trading day company shares ended up $20.25. Analysts mean target price for the company is $37.00. RCS Capital Corp (NYSE:RCAP) distance from 50-day simple moving average (SMA50) is -39.80%.
UTi Worldwide Inc (NASDAQ:UTIW) reported financial results for its fiscal 2015 first quarter ended April 30, 2014. Revenues were $1,045.0 million, a decrease of 3.3 percent from $1,080.7 million. The GAAP net loss in the fiscal 2015 first quarter includes a loss on debt extinguishment of $21.8 million, or $0.21 per diluted share, related to the company’s refinancing activities completed earlier in the year. In addition, UTi recorded additional tax expense exceeding its normalized tax rate of $13.0 million, or $0.12 per diluted common share. UTi Worldwide Inc. (NASDAQ:UTIW) shares fell -5.64 % in last trading session and ended the day on $9.70. Gross Margin is 34.30% and its return on assets is -3.60%. UTi Worldwide Inc. (NASDAQ:UTIW) quarterly performance is -12.45%.
Piper Jaffray downgraded Life Time Fitness, Inc. (NYSE:LTM) from Overweight to Neutral and moved its price target from $59 down to $54. Life Time Fitness, Inc. (NYSE:LTM) shares moved down -11.69% in last trading session and was closed at $45.91, while trading in range of $44.64 – $50.06. Life Time Fitness, Inc. (NYSE:LTM) year to date (YTD) performance is -2.32%.
Tripp Levy PLLC, a leading national securities law firm, is investigating potential claims of securities fraud on behalf of purchasers of Annie’s, Inc. Shares in Annie’s, Inc. (NYSE:BNNY) have plunged on news that the Company has identified material weaknesses in its internal control over financial reporting and on news that the Company’s independent auditor, PricewaterhouseCoopers LLP, is resigning. Annies Inc (NYSE:BNNY) ended the last trading day at $28.50. Company weekly volatility is calculated as 8.15% and price to cash ratio as 161.50. Annies Inc (NYSE:BNNY) showed a negative weekly performance of -18.29%.
Handbag and accessories manufacturer Vera Bradley Inc. (NASDAQ:VRA) reported revenue for its fiscal first quarter of $113.5 million, down nearly 8 percent from the same period last year and below forecasts of $116 million to $120 million. Net income was $6.6 million, or 16 cents per share, compared with $9.2 million, or 23 cents per share, in the year-ago period. Earnings per share for the recent quarter actually exceeded expectations by 4 cents. Vera Bradley, Inc. (NASDAQ:VRA) net profit margin is 11.00% and weekly performance is -12.01%. On last trading day company shares ended up $23.89. Analysts mean target price for the company is $30.14. Vera Bradley, Inc. (NASDAQ:VRA) distance from 50-day simple moving average (SMA50) is -14.01%.